Duryea KOZ Industrial Park TAX-FREE, RAIL-SERVED INDUSTRIAL SITE ON THE I-81 CORRIDOR

This new business park offers a great site for manufacturing, distribution, and other industrial operations. The property is just two hours from New York and . Significant tax savings available to eligible companies.

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y 7C t n u o 44.59 ac. C e ad n lro r ai e R z ern u rth L No For more information tain oun please contact: ue M d Bl g an Mericle Commercial Real eadin R Estate Services Bob Besecker Phone: 570-823-1100 [email protected] www.mericle.com KEYSTONE OPPORTUNITY ZONE SUBSTANTIAL SAVINGS TO ELIGIBLE COMPANIES SITE FEATURES *The following are abated through 12/31/2025: • Keystone Opportunity Zone. Most local real property taxes (county, borough, school district) (*Most state and local • taxes abated through • PA Corporate Net Income Tax 12/31/2025) • PA’s Capital Stock & Foreign Franchise Tax • 2 miles from I-81 • PA Sales Tax on telephone, gas and electric service used by • 2.5 miles from Wilkes-Barre/ a business in the zone Scranton Int’l. Airport • PA Sales Tax on the purchase of taxable property or services (excluding motor vehicles) that are used and consumed by • 3 miles from I-476 a business in the zone • Great labor draw area PA Sales Tax on “building machinery and equipment” – more than 466,000 people • purchased by a contractor in conjunction with a live within 20 miles construction contract • Rail service from two short lines with connections to Class I railroads Norfolk Southern Railway Company A business moving from outside and Canadian Pacific Railway into a KOZ is program eligible provided it owns or • Power provided by PPL leases property in the KOZ from Electric Utilities which it actively conducts a trade, profession or business and obtains • Natural gas provided by UGI annual certification from the PA Penn Natural Gas Department of Community and Economic Development. • Water provided by Pennsylvania American Pennsylvania companies must Water Company meet certain job creation and/or capital investment requirements in • Sanitary Sewer provided order to be eligible. by Duryea Borough Sewer *NOTE: Existing KOZ status is in the process Authority of being extended through 12/21/2025. Approval of extension by local taxing • Will subdivide parcel to suit authorities is expected. individual users *KOZ available through 12/31/2025. S LE MI 0 TRAVEL DISTANCES 0 3 Duryea KOZ Industrial Park is centrally located on the I-81 Corridor.

S LE MI 0 MILES 20 CITY KILOMETERS Pittston, PA (Downtown) 2.5 4 Scranton, PA (Downtown) 6 10 ES IL M 0 Wilkes-Barre, PA (Downtown) 9 14 0 1 ES IL M Delaware Water Gap, PA S 56 90 0 ILE 5 M

0 1  Allentown, PA 69 111 Morristown, NJ 108 173

2 Philadelphia, PA 118 190 Harrisburg, PA 123 198 Port Newark, NJ 125 201 New York, NY 127 204 Syracuse, NY 141 227 Baltimore, MD 194 312 Hartford, CT 198 319 Washington, DC 237 381 Pittsburgh, PA 290 467 Boston, MA 298 484 EMPLOYMENT DATA More than 466,000 people live within 20 miles of Duryea KOZ Industrial Park YEAR CIVILIAN LABOR FORCE EMPLOYMENT UNEMPLOYMENT UNEMPLOYMENT RATE

2015 267,700 252,000 15,900 5.85% 2014 265,300 246,800 22,200 8.00% 2013 266,300 245,700 20,500 7.85 % 2012 270,500 247,300 23,200 8.60% 2011 267,200 242,300 24,900 9.30% 2010 270,600 242,000 25,600 9.50% 2009 268,700 245,600 23,100 8.60% 2008 266,400 250,500 15,900 6.00% 2007 264,800 251,900 12,900 4.90% 2006 264,900 250,800 14,100 5.30%

SOURCE: WWW.PAWORKSTATS.STATE.PA.US

Mericle Commercial Real Estate Services Bob Besecker Phone: 570-823-1100 [email protected] www.mericle.com

A PROJECT OF THE GREATER PITTSTON CHAMBER OF COMMERCE